Early Day Motion·EDM 1035
NUCLEAR SUBSIDY
3 February 201412 Signatures
Motion Text
That this House believes that the UK has been ripped off by Électricité de France (EDF) which has agreed to sell future electricity in France at £38 per Mwh while pressuring the Government to pay £92.50 per Mwh for Hinkley Point electricity, double the present price, index-linked and guaranteed against EDF loss for 35 years; and further believes this massive subsidy will inflate electricity bills for four decades.